$LQR House (LQR.US)$ Great job Dollinger you snake in the gr...
$LQR House(LQR.US$ Great job Dollinger you snake in the grass. didn't learn from your Nameste days. You just ruined this stock. This was not what you proposed to the investors. You want to know why this was shorted since IPO, today was a perfect example. At least I'll still get out green but this was a gigantic setback and only made more shares available to short come tomorrow. Sean needs to be replaced as CEO, he sucks
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Wilee_One : Please enlighten us with what he was supposed to do? I’m serious, because from what I have seen, he and Index Group changed the 1.00 dividend to the stock dividend to fight the shorters. They have the website up and running, along with the fulfillment center. YOY revenue is up. Cash on hand is still positive, while maintaining zero debt. This stock should be worth 7/share on simple valuation, but something is holding it up. If you have a suggestion, Dollinger does reply to emails and he is on Twitter/X.
TheBull Wilee_One: The split news certainly was denied by him to an investor on here!!
Oh gee come rent us your moneys for a month for 0 interest is a nice giant burn
Wilee_One : It wasn’t a split. The said they repurchased stock (I saw the SEC filing) and distributed it as a dividend. To my knowledge, there was 3.36mil shares available prior to 2/12 and it hasn’t changed. If you know/see something that conflicts with that, please share.
TheBull Wilee_One: You make money on this event? Bought in super high $3.30 so really need to let this sit forever. Then when I get out it’ll spring off…
Thanks for the nudge!
The word dividend is super weird when applied to stocks vs normal bank usage. SoFi even has dividend $ counter is where you’re expecting dividends to be in the form of.
Wilee_One : Hey Bull, I am positive overall, but not to the level I wanted. After texting you, I looked on several sites and it does show that the shares available went from 3.36mil to ~5mil. This is NOT what was promised. I sent an email to Dillinger thru the LQR site and if I don’t hear back, I will hit him on Twitter/X. They did announce a YOY revenue today (knew they would have some type of good news the day after the dividend/split) of 202k which is much better, but still nowhere near the 80mil projected for 2024. I need answers to address my fears, but I think the underlying data is great for the company (if it is true). If not, I don’t suffer liars.
Wilee_One : Spellcheck: Dollinger.